The Innovation and Networks Executive Agency (INEA) has received 427 project proposals by the 16 February 2016 deadline for the 2015 CEF Transport Calls for Proposals, requesting €12.96 billion in total EU funding. The total available budget for the call is €7.6 billion. Evaluation of the project proposals with the help of external experts will start in March.
The 2015 CEF Transport Calls for Proposals closed on 16 February 2016 at 17:00 (Brussels time) with INEA receiving 427 project proposals under two calls:
- CEF-Transport-2015-Cohesion envelope
- CEF-Transport-2015-General envelope
In total, €12.96 billion were requested, whereas the available indicative funding is €7.56 billion. This represents an overall oversubscription rate of 1.71.